Paris, France - May 24, 2006 - NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, has announced that its map data is now available through the Oslo based GIS specialist, Geodata AS – a company which over the last 19 years has developed solutions to help expanding companies find the right sites, assist in routing emergency vehicles and contribute to the fight against crime.
Geodata has been distributing ESRI GIS systems since 1987, tailoring solutions for its Norwegian customer base. To ensure easy integration with the full range of ESRI technology and applications, Geodata is converting NAVTEQ’s European data into both an ArcSDE managed database and the highly compressed SDC file format.
Until now, Geodata has focused on the Norwegian market, however “the growing demand from customers for both European and global map data motivated the decision to expand our data set offering,” explained Geodata Product Director, Harald Hansen. “We chose NAVTEQ as our primary supplier for two reasons – firstly its strong relationship with ESRI and secondly because the quality of its European transportation and navigation datasets is unrivalled.”
NAVTEQ works with many of the leading ESRI distributors in Europe and the latest agreement with Geodata underlines NAVTEQ’s growing reputation within the GIS (or Geospatial as it is now often referred to) community.
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About Geodata:
Geodata AS represents ESRI in Norway and is the leading supplier of Geographical Information Systems (GIS) in this country. Geodata AS has over 90 employees, a turnover of 90 million NOK and 950 customers in Norway.
Geodata has an organisation which reflects its largest customer sectors. Its main marketing and consultancy departments are
1) Utilities and energy (including oil and gas)
2) Public sector (including defence)
3) Communication and transport (including mobile solutions)
In addition to sales and marketing, these departments also provide project management and consultancy services to customers within the respective sectors. Consultancy work can range from application development, data modelling, data conversion projects to rent-a-tech activities.
In addition, there is a technology and development department which has experts in ESRI’s products and which assists the marketing and consultancy departments when this expertise is required in projects.
The customer support department provides support and training. Geodata has in-house training facilities and an extensive training program is set up each year. The training schedule can be viewed at www.geodata.no.
About NAVTEQ
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 1,900 employees located in 131 offices in 21 countries. Its European headquarters are in Veldhoven, Netherlands. For more information, visit www.navteq.com.
NAVTEQ is a trademark in the U.S. and other countries. © 2006 NAVTEQ. All rights reserved.
This document may include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2005, as filed with the Securities and Exchange Commission.
Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. NAVTEQ does not undertake any obligation to update any forward-looking statements contained in this document.
For further information: send e-mail to jennifer.fondrevay@navteq.com.
